UK Property Underwriter - Heavy Industry

HFG; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading Lloyd's Syndicate is seeking a Property Underwriter to join their London Market team. This role focuses on UK business, requiring strong technical knowledge in Property and excellent broker-facing skills. Responsibilities include underwriting property risks, negotiating with brokers, and collaborating with internal teams.

Qualifications

• Around 5 years of Property Underwriting experience.
• Recently promoted from Assistant Underwriter into an Underwriter role.
• Strong negotiation skills.

Responsibilities

• Underwrite new and renewal property risks ensuring alignment with strategy.
• Negotiate terms and conditions with brokers.
• Act as a referral point for junior underwriters.

Skills

Technical knowledge in Property

Broker-facing skills

Job description

New Vacancy - Underwriter - UK Property

City of London

Lloyd's Syndicate

I am currently recruiting for a leading Lloyd's Syndicate who are seeking a Property Underwriter to join their London Market team.

My client is looking for someone with around 5 years Property Underwriting experience, and ideally someone who has recently been promoted from Assistant Underwriter into an Underwriter role. This role will primarily focus on UK business, writing new and existing business, and they need someone with strong technical knowledge in the Property space and good broker-facing skills.

Key Responsibilities

• Underwrite new and renewal property risks within delegated authority, ensuring alignment with underwriting strategy and business objectives.
• Negotiate terms, conditions, and pricing with brokers to secure profitable new business.
• Ensure contract certainty and policy documentation are issued in line with regulatory and internal standards.
• Act as a referral point for junior underwriters, providing guidance and support on underwriting decisions.
• Collaborate with internal teams (claims, finance, credit control) to ensure efficient onboarding and servicing of new accounts.
• Monitor portfolio performance, contributing to MI reporting and supporting portfolio reviews.
• Maintain accurate and timely data entry across underwriting systems to support exposure management and reporting accuracy.
• Build and maintain strong broker and client relationships to support business growth and market visibility.
• Stay informed on market trends, regulatory changes, and competitor activity to inform underwriting decisions.
• Participate in underwriting audits, governance forums, and projects to support continuous improvement.